Perma-Pipe International Holdings, Inc. (PPIH) Research

Perma-Pipe International Holdings, Inc., along with its subsidiaries, specializes in the engineering, design, manufacturing, and sale of specialized piping and leak detection solutions. Its product portfolio includes jacketed district heating and cooling pipeline systems, facilitating energy distribution from centralized power plants to diverse destinations. The company also provides primary and secondary containment piping systems, crucial for the secure transport of chemicals, hazardous liquids, and petroleum products. Additionally, Perma-Pipe undertakes the coating and insulation of oil and gas gathering and transmission pipelines. They offer liquid and powder-based anti-corrosion coatings for both the exterior and interior surfaces of steel pipes, including complex components like bends, reducers, tees, and various spools/fittings, which are utilized in pipelines for conveying oil and gas products as well as potable water. Maintaining a global presence, the company operates across the United States, Canada, the Middle East, Europe, India, and other international markets. Incorporated in 1993, the entity was formerly known as MFRI, Inc. before adopting the name Perma-Pipe International Holdings, Inc. in March 2017. Its corporate headquarters are situated in Niles, Illinois.

Market snapshot

Symbol
PPIH
Price
$29.05
Day change
+6.37%
Market cap
$236.1M
P/E ratio
16.99x
52-week range
20.21-36.72
Sector
Industrials
Industry
Construction
Next earnings
in 3 months
Analyst price target
$36.00

Peer companies

  • Diana Shipping Inc. (DSX)
  • Franklin Covey Co. (FC)
  • Gencor Industries, Inc. (GENC)
  • Novonix Limited (NVX)
  • Pamt Corp. (PAMT)
  • Perma-Fix Environmental Services, Inc. (PESI)
  • SCHMID Group N.V. Class A Ordinary Shares (SHMD)
  • Southland Holdings, Inc. (SLND)

Recent insider activity

  • Zakhour Nancy — A-Award (576 shares) on 2026-04-10
  • Zakhour Nancy — trade (0 shares) on 2026-04-08
  • Sherrill Richard — trade (0 shares) on 2025-12-10
  • Mansfield David J — F-InKind (6349 shares) on 2025-07-25
  • Lewicki Matthew Earl — F-InKind (601 shares) on 2025-07-25

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